Opto Circuits (India) Ltd. reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2016. For the quarter, on standalone basis, the company reported net sales of INR 143.792 million against INR 203.411 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1,684.756 million against profit from operations before other income, finance cost and exceptional items of INR 82.136 million a year ago. Loss from ordinary activities before tax was INR 2,474.787 million against INR 39.346 million a year ago. Net loss from ordinary activities after tax was INR 2,474.787 million against INR 41.991 million a year ago. Basic and diluted loss per share was INR 10.21 against INR 0.17 a year ago. For the six months, on standalone basis, the company reported net sales of INR 284.496 million against INR 459.335 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1,660.110 million against profit from operations before other income, finance cost and exceptional items of INR 133.607 million a year ago. Loss from ordinary activities before tax was INR 2,472.072 million against INR 116.645 million a year ago. Net loss from ordinary activities after tax was INR 2,472.072 million against INR 121.798 million a year ago. Basic and diluted loss per share was INR 10.20 against INR 0.50 a year ago. For the quarter, on consolidated basis, the company reported net sales of INR 466.689 million against INR 781.016 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1,736.299 million against profit from operations before other income, finance cost and exceptional items of INR 240.264 million a year ago. Loss from ordinary activities before tax was INR 2,583.424 million against profit from ordinary activities before tax of INR 637.646 million a year ago. Net loss from ordinary activities after tax was INR 2,586.163 million against net profit from ordinary activities after tax of INR 631.268 million a year ago. Basic and diluted loss per share was INR 10.68 against basic and diluted earnings per share of INR 2.56 a year ago. For the six months, on consolidated basis, the company reported net sales of INR 977.967 million against INR 1,676.640 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1,739.077 million against profit from operations before other income, finance cost and exceptional items of INR 707.887 million a year ago. Loss from ordinary activities before tax was INR 2,601.219 million against profit from ordinary activities before tax of INR 818.362 million a year ago. Net loss from ordinary activities after tax was INR 2,607.159 million against net profit from ordinary activities after tax of INR 807.269 million a year ago. Basic and diluted loss per share was INR 10.77 against basic and diluted earnings per share of INR 3.30 a year ago.